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Moe's Italian Sandwiches

Franchise

Moe's Italian Sandwiches is the name of an Italian submarine sandwich shop located in Portsmouth, New Hampshire. The owners, the Paganos, also own the Moe's franchising business, MadMoe Corporation, which has begun placing Moe's Italian Sandwiches restaurants throughout New England. Phil "Moe" Pagano quit his job as a cheese salesman in May of 1959 when he bought a sandwich shop on Daniel Street in Portsmouth from Moe Weiner. He surprised many by only selling one type of a sandwich, the sandwich's recipe having been handed down by his mother. It featured mild salami, provolone, thinly sliced onions and peppers, tomatoes, olives, with a small amount of olive oil on a submarine sandwich roll.

Facts & Figures

Liquid capital required
$30,000
Net worth required
$250,000
Investment
$60,000 - $100,000
Franchise fee
$10,000
Units in operation
12

Overview

You'll need $30,000 in liquid capital to open a Moe's Italian Sandwiches. You need to have a total net worth of $250,000 if you want to become an owner. The lowest you can expect to invest is $60,000 if you want to become a franchisee. $100,000 is the most that Moe's Italian Sandwiches expects its owners will need to invest in a new location. $10,000 is the franchise fee new franchisees pay the franchisor. There is currently a total of 12 units in operation.

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